Global Bioimpedance Analyzers Market Size study & Forecast, by Product Type (Single-frequency, Dual-frequency, Multiple-frequency), by Modality (Wireless, Wired), by Application (Segmental Body Measurement, Whole Body Measurement) and Regional Analysis, 2023-2030
Global Bioimpedance Analyzers Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Bioimpedance analyzers, also known as Bioelectrical Impedance Analyzers (BIA), are medical devices or instruments used to measure the electrical impedance of biological tissues in the body. They work on the principle that different tissues in the body conduct electrical currents differently due to variations in their composition. These analyzers send a safe, low-level electrical current through the body and measure the resistance or impedance encountered by this current. By analyzing the impedance data, BIA devices can provide valuable information about a person's body composition and other health-related parameters. The key factors driving the market growth are the rising prevalence of lifestyle diseases, the rising number of fitness clubs, weight loss clinics, and sports rehabilitation centers, and cohesive initiatives by governments and private organizations to promote healthy lifestyles that anticipated to support.
Moreover, the rising geriatric population is indeed a significant factor contributing to the growth of the Bioimpedance Analyzers Market. As people age, they become more prone to various health conditions such as obesity, diabetes, cardiovascular diseases, and osteoporosis. Bioimpedance analyzers are used by healthcare professionals to monitor and manage these conditions. For instance, tracking changes in body fat percentage is essential for managing obesity and related health issues, and monitoring hydration levels is crucial for elderly individuals to prevent dehydration-related complications. Thus, the growing geriatric population is anticipated to create a lucrative demand for the market. For instance, According to The World Bank, in 2020, 9% of the total population ages 65 and above in the world and the population increased significantly and reached 10% in 2022. Additionally, integration with wearable devices and technological advancement in bioimpedance analyzers is anticipated to create a lucrative opportunity for the market. However, the inconsistency and inaccuracy in different analyzers stifled market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Bioimpedance Analyzers Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, growing demand for monitoring chronic diseases, and increasing research and clinical studies. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as growing age-related health concerns, initiatives by governments to promote healthy lifestyles and technological advancements.
Major market player included in this report are:
OMRON Corporation
Tanita Corporation
InBody
RJL Systems Inc
Seca GmbH & Co. KG (Germany)
Evolt 360
Selvas Healthcare Inc
Fook Tin Technologies Ltd.
Bodystat Ltd.
Charder Electronic Co., Ltd.
Recent Developments in the Market:
In 2022, InBody Co., Ltd. (South Korea) collaborated with iLoveKickboxing (United States). The collaboration provided iLoveKickboxing users with high-quality data on their body fat percentage, muscle mass, and other biometrics. It allowed them to track changes over time using the InBody App.
Global Bioimpedance Analyzers Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Product Type, Modality, Application, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Single-frequency
Dual-frequency
Multiple-frequency
By Modality:
Wireless
Wired
By Application:
Segmental Body Measurement
Whole Body Measurement
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
"OMRON Corporation
Tanita Corporation
InBody
RJL Systems Inc
Seca GmbH & Co. KG (Germany)
Evolt 360
Selvas Healthcare Inc
Fook Tin Technologies Ltd.
Bodystat Ltd.
Charder Electronic Co., Ltd
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